Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Up 345.2% in August

Key Points

• Publicis Groupe SA experienced a 345.2% increase in short interest during August, rising from 4,200 shares to 18,700 shares.
• The company announced a dividend increase to $0.8222 per share, significantly higher than the previous dividend of $0.06, yielding 302.0%.
• During trading, PUBGY stock rose by 0.9% to reach $24.39, with a notable trading volume of 925,457 shares exchanged.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 18,700 shares, a growth of 345.2% from the August 15th total of 4,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 293,300 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 293,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Publicis Groupe Stock Performance

Shares of Publicis Groupe stock traded up $0.03 during trading hours on Wednesday, reaching $24.75. 934,238 shares of the company's stock were exchanged, compared to its average volume of 200,591. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17. Publicis Groupe has a 52-week low of $20.71 and a 52-week high of $28.73. The company has a fifty day moving average of $23.78 and a 200-day moving average of $25.02.

Publicis Groupe Increases Dividend

The company also recently declared a dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 1st were issued a dividend of $0.8222 per share. This represents a yield of 302.0%. The ex-dividend date of this dividend was Monday, June 30th. This is a positive change from Publicis Groupe's previous dividend of $0.06.

Publicis Groupe Company Profile

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.